Tesla booked an $80 million gain on its bitcoin holdings in the third quarter of 2025, a move that lifted the value of its crypto stash but did not change the company’s cash from selling the 0 to reports, the firm still held 11,509 BTC at the end of the quarter, which was valued at roughly $1.35 1 Books Crypto Gain Reports have disclosed that the gain showed up on Tesla’s income statement because of recent accounting guidance that requires companies to mark certain crypto assets to fair 2 change means swings in bitcoin’s market price now show up in quarterly results even if no coins are 3 experts have been preparing for this shift since the Financial Accounting Standards Board issued new guidance in late 4 Release: Core Results Mixed Tesla’s revenue for Q3 was about $28 billion, higher than many estimates, while adjusted earnings per share came in at $0.50, missing the $0.54 5 pointed to higher costs — including tariffs and a drop in regulatory credit income — as pressure points for profit margins even as vehicle deliveries remained 6 revealed in its Q3 2025 earnings report that it hasn’t sold any of its Bitcoin holdings this 7 company continues to hold around 11,509 BTC, valued at roughly $1.35 billion by the end of the 8 to Bitcoin’s price rise, Tesla recorded an $80… 9 — Traders Paradise (@theparadiselive) October 23, 2025 Bitcoin Line Adds A Small But Visible Boost The $80 million move is meaningful for crypto watchers but small relative to Tesla’s overall 10 context, adjusted EBITDA for the quarter was reported at roughly $4.3 billion, meaning the bitcoin gain represented a sliver of Tesla’s operating 11 gain is described as unrealized — it reflects market value change rather than proceeds from 12 Reaction And What It Means For Investors Based on reports, investors treated the bitcoin news as a data point rather than a game 13 traders welcomed the transparency that comes with marking crypto to 14 noted that bitcoin exposure adds another layer of volatility to Tesla’s earnings line, since future quarters could show losses if crypto prices 15 The Accounting Shift Matters The new accounting rules remove the old asymmetry where companies could write down crypto when prices fell but not record gains when prices rose unless they sold.
Now, gains and losses flow through net income each reporting period, which can make results look choppier from quarter to 16 companies that keep crypto on their balance sheets will likely see those swings reported more 17 its present holdings, Tesla is now the 11th-largest corporate Bitcoin holder in the 18 carmaker is ranked higher than Hut 8 Mining and a number of smaller organizations, but lower than Strategy, Galaxy Digital, and 19 image from Brandon Bell/Getty Images, chart from TradingView
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